Hellenic Bank and Marfin Popular Bank announced record profits for the first half of the year, exceeding stock market expectations by nearly 170%. Hellenic Bank Group recorded profits of EUR 70,3 mln
Ericsson and Deutsche Telekom AG, one of the world’s leading integrated telecom companies with more than 111 mln mobile customers, 38 mln fixed-network lines and 13 mln broadband lines, have entered a
Alongside the introduction of Ovi, the door to Nokia’s new Internet services, Nokia has unveiled four new mobile devices specifically optimized for entertainment, music and games. Each device offers dedicated music or
The European insurance industry continued to enjoy ratings stability and good results in the first half of 2007 despite external influences, Moody’s Investors Service said in a new Industry Outlook. While the
Hyperion Systems Engineering Ltd, the Cyprus-based independent Operator Training Simulator (OTS) supplier, has been awarded a project for the supply and implementation of an OTS for a refinery unit at Preem Petroleum
Capital Intelligence (CI), the international emerging markets rating agency, has raised the foreign currency rating for Qatar Islamic Bank (QIB) to A- from BBB+ (long-term) and A2 (short-term), while the financial strength
Moody’s Investors Service believes that the prospects for the markets in Sukuk, or Islamic bonds, and Islamic financing in general are very encouraging in Asia, and this outlook goes beyond predominantly Muslim
Motorola subsidiaries Symbol Technologies, Inc. and Wireless Valley Communications, Inc., have filed a patent infringement lawsuit against Aruba Networks, Inc. The lawsuit, filed on August 27 in the U.S. District Court for
Germany’s CompuGroup Holding AG announced that the company, acting through its wholly-owned subsidiary CompuGroup UK Limited, will not increase its cash offer, announced on July 20 of 66 pence per share for
Mellon Financial Products Support (MFP), member of the Athens-based Mellon Group of Companies specializing in business process outsourcing services, announced its cooperation with Visa Europe to provide briefing and training services to
